Weekly Sector Update – ITB ($)

It seems we are getting better results week by week, inch by inch. The model has a higher positive strength this week, along with a nearly doubled median strength.

Our featured sector is the iShares Dow Jones Home Construction Index, ITB. We have noted that some hot sectors were in the penalty box, and have eagerly awaited some interesting new choices. ITB has finally been released from the penalty box and the strength has risen to a feverish 105. We don’t trade the expanded list, but if we did – this would be a hot buy!